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Unless I'm mistaken it doesn't appear to be owned by the company. My guess is they are either working or getting it, or they have no intention of buying it at this time. I mean, they are two separate brands for the time being, with existing websites. Why try to cram it all into one address?

Not that I agree with the practice... But what exactly is illegal about picking up a domain as an investment, in an attempt to resell it for a higher amount at a later point?

The merger had been declared by then, but it wasn't like SiriusXM (the name of the combined company) was made public way back in March 2007. And even so, would that be illegal if the name of the company was known?

Not that I agree with the practice... But what exactly is illegal about picking up a domain as an investment, in an attempt to resell it for a higher amount at a later point?

The merger had been declared by then, but it wasn't like SiriusXM (the name of the combined company) was made public way back in March 2007. And even so, would that be illegal if the name of the company was known?

Picking up a domain that's trademarked (Sirius/XM) for the sole purpose of reselling, is against the acceptable use policy of buying domains.

Now, if he actually had a real company called "Sirius XM", and it was founded BEFORE Sirius and XM were founded, then maybe he would have a legitimate claim to the name.

But since that name was registered shortly after the merger announcment, you will see soon enough what happens, he will be forced to transfer the domain name over, and he'll be out of his registration fees for the domain.

Also, if he actually developed it into a real, legitimate site, such as SiriusBuzz for example, it would help his case, but he didn't. He just bought it in hopes that one day the merge entity would buy it from him, they'll just pay a few lawyers instead.

The name Sirius XM was not decided on until recently. At the time of purchase Sirius XM did not exist. Will Sirius XM get that domain if they want it? Absolutely. Will they probably just pay this guy a large sum of money to not have to spend money on the legal process? Absolutely.

By "large sum" I mean low $1X,XXX. It would cost them that in legal fees. If the guy who owns the name is smart he will take whatever they offer.

The name Sirius XM was not decided on until recently. At the time of purchase Sirius XM did not exist. Will Sirius XM get that domain if they want it? Absolutely. Will they probably just pay this guy a large sum of money to not have to spend money on the legal process? Absolutely.

By "large sum" I mean low $1X,XXX. It would cost them that in legal fees. If the guy who owns the name is smart he will take whatever they offer.

I doubt they will pay him anything. They'd rather pay a lawyer a few grand than someone who is trying to extort a domain name.

If there a difference between squatting on a corporate name, and squatting on someone's personal name? The reason I ask is because I thought I remembered something like someone picked up LebronJames.com while he was still in high school and then sold it to him after the fact. Is it because a corporate name is trademarked?

Personally I got no problem with this guy. Especially cause he's not taking their corporate names and linking to porn, or defaming it with a huge page of links. It's blank. I would bet the guy bought up several difference combinations of the two words to try to guess what the new company would be called, or what domain they would be interested in owning. More power to the guy, he went "long" on SiriusXm.com and won big (considering the cost it takes to register).

I don't think just because it is the name of a company they should be able to steal it from him for free just because of their lack of foresight. Extortion? Nah, that's just business. When's the last time you bought anything "at cost"? Milk? Gas?

Fanfare For The Common Man

With the blatent corruption going on in every area you can think of - especially concerning big business and government collusion (socialism for the rich) - I have no disdain for the little man here. When a common man uses his head, thinks faster and beats out a corporate baron on a little thing like this domain name issue, I am in his corner. If he can get $19,999.00 for it, I say fair deal. Good for him.